StockCall Study on Lowe's, OfficeMax, Hawaiian Holdings, Caesars
Entertainment, and DeVry
PR Newswire
LONDON, April 22, 2013
LONDON, April 22, 2013 /PRNewswire/ --
2013 began on a solid note as lawmakers reached a last-minute deal on the
fiscal cliff issue. The last-minute deal ended uncertainty surrounding the
U.S. economy. Economic data released in the first two months of 2013,
meanwhile, suggested that the economy was seeing a strong recovery. The
rebound in economic activity, and passage of fiscal cliff deal was a positive
development for services sector. However, data posted in the last few weeks
indicates that the U.S. economic recovery has stalled. This does not augur
well for services companies such as Lowe's Companies Inc. (NYSE: LOW),
OfficeMax Inc. (NYSE: OMX), Hawaiian Holdings Inc. (NASDAQ: HA), Caesars
Entertainment Corp. (NASDAQ: CZR), and DeVry Inc. (NYSE: DV). The services
sector ended mostly higher on Friday, tracking gains in the broad market.
StockCall free coverage on LOW, OMX, HA, CZR, and DV is available upon
registration at
http://www.stockcall.com/register
Lowe's Companies Inc.'s shares were among the major gainers in the services
sector on Friday. Shares of the home improvement retailer rose 2.14% to finish
the day at $38.12 on volume of 7.79 million after touching an intra-day high
of $38.35. Despite the gains, Lowe's shares finished more than 2% lower last
week. The stock, though, is still trading close to its 52-week high of $39.98.
Year-to-date, the company's shares have gained more than 7.70%. Download the
free technical research on LOW by signing up at
http://www.StockCall.com/LOW042213.pdf
Shares of OfficeMax Inc. rose sharply on Friday. The stock touched an
intra-day high of $11.48 before finishing the day 2.99% higher at $11.37 on
volume of 1.31 million. OfficeMax's shares are currently facing stiff
resistance at $12. The stock has traded sideways over the past two months.
Despite the sharp rise at the end of last week, shares of OMX are still
trading below their 50-day moving average. Register now and get access to the
free analysis on OMX at
http://www.StockCall.com/OMX042213.pdf
Shares of Hawaiian Holdings Inc. edged higher on Friday; however, the gains
were limited. The stock closed 0.18% higher at $5.56 on volume of 637,495
after trading between $5.50 and $5.60. Hawaiian Holdings' shares currently
face resistance at around $5.60. The stock is trading below its 50-day and
200-day moving averages, which is a bearish signal. Its MACD is also trading
below the zero-line, which further confirms the negative trend. Sign up and
read the complimentary report on HA at
http://www.StockCall.com/HA042213.pdf
Shares of Caesars Entertainment Corp. ended marginally higher on Friday. The
stock rose to an intra-day high of $12.54 before paring some of its gains to
finish the day 0.24% higher at $12.28 on volume of 419,768. Caesars
Entertainment's shares have fallen more than 10% in the last three trading
sessions. The stock has seen a series of lows over the past few trading
sessions, which is a bearish signal. The company's shares have also slipped
below their 50-day moving, which further confirms the downbeat trend. The free
report on CZR can be downloaded by signing up now at
http://www.StockCall.com/CZR042213.pdf
Shares of DeVry Inc. rose sharply on Friday, extending their gains from
previous trading sessions. The stock ended the day 1.17% higher at $32.81 on
above average volume of 710,131, taking its gains in the last three sessions
to over 3%. DeVry's shares are trading above their 50-day and 200-day moving
averages, which is a bullish signal. The stock's MACD has crossed above the
signal line, which further confirms the positive trend. Year-to-date, shares
of DV have gained more than 38.20%. Free report on DV can be accessed by
registering at
http://www.StockCall.com/DV042213.pdf
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